India Proposes CBDC That Can Function Offline
India’s central bank wants its digital currency to be available without internet access.
“One of the key features of cash is that it works offline,” Reserve Bank of India (RBI) Governor Shakt...
Data Security Is Top Priority as Payments Enter Zettabyte Era
You’ve probably heard it before, but data is undoubtedly the oil of the 21st century.
And, just like oil, any data breaches or the equivalent “spills” of consumer information can be damaging to ...
Report: Microsoft Working on ‘Far Larger’ In-House AI Model
Microsoft is reportedly working on a new, in-house artificial intelligence (AI) model that is “far larger” than the other open source models it has trained.
The new model, MAI-1, is expected t...
ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable.
“If you would have asked me 20 years ago if the central bank business model” were “destr...